Category : Citizen Business

Business / Citizen Business - 3 days ago

KPRL crude sold for Sh1.25bn

Over 340,000 barrels of crude oil left after Kenya Petroleum Refineries Limited (KPRL) shut down in 2013 has been sold. The sale now gives storage room for oil explored in Turkana by British oil explorer Tullow. For close to five years, tanks at the...

Business / Citizen Business - 5 days ago

Airlines eye Boeing deals at Dubai Airshow

Emirates Airline will be spending US$ 15.1 billion or just about 1.5 trillion shillings to purchase 40 Boeing 787-10 Dreamliners. The deal was announced at an Emirates press conference at the Dubai Airshow 2017. The deal perhaps one of the biggest (i...

Business / Citizen Business - 5 days ago

Uchumi narrows full year loss to Sh1.7bn

Uchumi Supermarkets restructuring efforts have began bearing fruit with the retailer narrowing its full year to June loss by 39 percent. In the latest published financials, Uchumi announced a Sh1.7 billion loss down from Sh2.8 billion a year earlier....

Business / Citizen Business - 6 days ago

Fuel prices rise in latest ERC review

Continued increases in global crude and refined oil prices have pushed the local cost of fuel up for the next one month. The latest Energy Regulatory Commission (ERC) fuel price review indicates that the cost for a liter of super petrol will increase...

Business / Citizen Business - 1 week ago

Dubai air show 2017 kicks off

Over 1200 exhibitors are participating in this year’s Dubai Air show being hosted at the DWC Dubai Air show site located at the Al Maktoum International Airport in Dubai UAE. The vent that brings together aerospace stakeholders including airplane man...